Announcement Date: 2022-10-24
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Elementos Ltd.
Project name: Oropesa
Location: Spain
Commodities: Copper,Tin
Highlight: Drilling results incl. 17.4m at 1.06% Sn, 0.31% Cu from 114.5m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Elementos Limited (ASX: ELT) is pleased to report material results from further infill drilling, continuing to confirm the presence of near-surface tin mineralisation at its Oropesa Tin Project, Spain. This report contains assay results from four recently completed drill holes in Elementos’ infill drilling program3 which is targeting mineralisation predicted by the geological model and 2021 Mineral Resource Estimate1 , with the aim of upgrading the portion of Inferred Mineral Resources that sit within the US$30,000/t pit shell4 . Drill holes ADD_30 and ADD_32 have returned high-grade tin intersections, and additionally, significant intersections of both zinc and copper. s Managing Director Joe David commented, “These results continue to confirm the robustness of the current Mineral Resource model and are continuously increasing our confidence in upgrading Oropesa’s targeted Inferred Resources at the end of the program. “Critically, latest drilling has intersected some of the highest-grade tin zones yet drilled across the project. Results such as 6m @ 2.59% Sn in hole ADD_30 and
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